10 Best Exchanges to Buy Bitcoin in Cameroon (2020)

In this post, you will find the exchanges to buy bitcoin in Cameroon at the cheapest rate.

Cameroonians have been seeking reputable exchanges to buy bitcoin. Hence, I decided to shed light on this request.

I have conducted my analysis on over 15 bitcoin exchanges available in Cameroon to come up with the list of this 10 credible best.

If you are ready to check out these exchanges… let’s dive right in!


Post Summary

These are the subheadings that I will be discussing in this post;

  1. 10 Best Exchanges to Buy Bitcoin in Cameroon
  2. Which is the Best?
  3. Conclusion

Let’s get started!


10 Best Exchanges to Buy Bitcoin in Cameroon

I arranged this list considering the exchanges that are located in Cameroon and those that currently support XAF.

Pursa
Pursa
P2P
4.5 Star Rating
Paxful
paxful
P2P
4.7 Star Rating
Localbitcoins
localbitcoins
P2P
4.7 Star Rating
Remitano
Remitano
P2P
4.9 Star Rating
Vertex
vertex market
P2P
4.5 Star Rating
Visit Site
Binance
Binance
Trading
4.9 Star Rating
Coinbase
Coinbase
Trading
4.9 Star Rating
Cex.io
cex.io
Trading
4.7 Star Rating
Coinmama
Coinmama
Broker
4.7 Star Rating
Changelly
Changelly
Trading
4.7 Star Rating

There you have my list!

1. Pursa

Exchanges to Buy bitcoin in Cameroon

This exchange is acclaimed as the best bitcoin exchange in Cameroon.

Pursa is a peer-to-peer marketplace to buy and sell bitcoin using a wide range of payments methods.

The exchange is based in Cameroon and it was founded in 2017 by Mbuh Jude.

Pursa has a wonderful user interface that makes it easy for a newbie to navigate easily through the platform.

Moreso, the customer support channel on Telegram is very interactive.

Exchange TypeP2P
Services– Buy/Sell
– Wallet
Payment Methods– AirtelTigo Cash,
– Bank Transfer,
– Mobile Money,
– MoneyGram, etc.
Supported Fiats– USD, XAF, GHS,
– KES, UGX, RWF,
– ZMW, NGN
Supported CryptoBitcoin
FeesUnstable
Official Website

2. Paxful

Exchanges to Buy bitcoin in Cameroon

Paxful was founded in 2015 and it is popularly known as the “Uber of Bitcoins”.

This exchange provides users with an intuitive experience when buying or selling bitcoins with over 300 payment methods.

It is the greatest competitor of Localbitcoins; a peer- to- peer exchange just likes Paxful.

Paxful is a superb exchange; however, you need to keep your eyes open to avoid scam bitcoin sellers on the platform.

You can find other paxful features on the table below;

Exchange TypeP2P
Services– P2P Exchange
– Wallet and others
Payment MethodsGiftcards,
Bank transfer,
Debit/Credit Card
and 200+
Supported FiatsAny fiat currency
Supported CryptoBitcoin
FeesSell Bitcoin:
0.5%—3%
Buy Bitcoin:
0%
Read ReviewOfficial Website

3. LocalBitcoins

Exchanges to Buy bitcoin in Cameroon

LocalBitcoins was founded as the first peer-to-peer exchange in 2012.

This exchange allows you to purchase bitcoin with over 60 payment methods.

It is a very popular exchange that has been tested and trusted by millions of users around the globe.

However, one needs to keep an eye on scam bitcoin sellers while using this exchange.

Exchange Type P2P
ServicesBuy/Sell Bitcoin
Payment Methods– Bank Transfer,
– Moneygram,
– Neteller etc.
Supported Fiats– XAF, USD, NGN,
– AUD, CAD, etc
Supported CryptoBitcoin
Fees0.5% – 1%
Read ReviewOfficial Website

4. Remitano

Remitano is a cryptocurrency exchange that functions just like other peer-to-peer exchanges discussed above.

It was founded in 2016 by Babylon Solutions Limited in Seychelles.

Remitano is a bitcoin exchange with an outstanding user interface and 24hrs customer support.

It is the best secure P2P platform when compared to others.

Exchange TypeP2P
Services– Wallet
– P2P
– Invest
Payment Methods– Mobile Money Transfer
– Bank Transfer
– Visa
– Mastercard etc
Supported FiatsOver 25 fiat currencies
Including;
XAF, NGN, ZAR, UGX
Supported Cryptos– For P2P
BTC, ETH, LTC,
XRP, BCH and USDT
– For Invest
EOS, BNB, ADA, TZX etc.
FeesMaker fee – 1%
Taker fee – 0.00%
Read ReviewVisit Site

5. Vertex

Exchanges to Buy bitcoin in Cameroon

Vertex is a peer-to-peer marketplace for buying and selling cryptocurrencies with 25 payment methods.

The exchange was founded in 2018 by Alessandro Pecorelli, and it is headquartered in London.

Vertex is currently available in 200 countries and about 1000 cryptocurencies can be exchanged on this platform.

Exchange TypeP2P
Services– Buy/Sell
– Wallet
Payment MethodsBank Transfer,
Money Gram
WebMoney etc
Supported FiatsAll fiat currencies
Supported CryptosBTC, ETH, BCH,
LTC, USDT
and 900+
Fees0.5%
Official Website

6. Binance

Binance is the world’s largest cryptocurrency exchange by trade volume.

It was founded by Changpeng Zhao in 2017 yet its popularity and use case has been a force to reckon with.

This exchange offers a plethora of services and avails users the opportunity to buy bitcoins at a lesser transaction fee.

Binance supports the trade of over 400 cryptocurrencies in over 180 countries.

Exchange TypeBroker|Trading| P2P
ServicesInstant Buy/Sell
P2P
OTC Trading
Trust Wallet
Payment MethodsBank Transfer,
Credit/Debit card,
Supported cryptos
Supported FiatsXAF, USD, ZAR,
NGN and 51 others
Supported Cryptos– BTC, ETH, XRP,
– MTL,BNB,LTC,
– BCH. etc
FeesTrading fees – 0.1%
Read ReviewOfficial Website

7. Coinbase

Coinbase is one of the oldest and biggest exchanges that you can find around the world.

It was founded by Brian Armstrong in 2012 as a broker exchange; however, it now offers a lot of trading services.

Coinbase is one of the easiest ways for Cameroonians to buy their first bitcoin.

One of the awesome things about this exchange is that it takes customers security seriously; Coinbase insures all the funds that you have in your Coinbase Wallet.

In other words, if Coinbase security is breached, the insurance agency would pay all the stolen customers’ funds.

Exchange TypeBroker| Trading
Services– Buy/Sell
– Coinbase Pro
– Coinbase Prime
– Wallet
– Commerce
– Coinbase Earn
Payment MethodsDependent on
your country
Supported Cryptos– BTC, ETH, XRP, BCH,
– EOS, XLM, TXZ,
– USDC etc.
FeesBuy/Sell Fee
Spread – 0.50%
Coinbase Fee:
$0.99 – $2.99
Read ReviewOfficial Website

8. CEX.IO

CEX.IO is a multi-functional cryptocurrency exchange that was founded in 2013.

It first operated as a bitcoin exchange and as one of the popular cloud mining platforms to exist around 2014.

However, the services that this platform solely provides today focuses on cryptocurrency exchange.

CEX.IO is trusted by millions of users. It is one of the best exchanges to buy bitcoins in Cameroon and the rest of the world.

This exchange is registered and Licensed with FinCEN; an agency in the United State that safeguards Public funds.

Exchange TypeBroker & Trading
Services– Instant Buy
– Broker
– Exchange
– Staking
Payment Methods– Visa/Master Cards
– Bank transfers
– Wire Transfer
Supported FiatsUSD, AUD, EUR, RUB
Supported Cryptos– BTC, XRP, LTC,
– BCH, ETH, TRX
– GAS, XTZ etc.
FeesDeposit/ Withdrawal fee:
1% – 4%
Makers fee:
0.0% – 0.16%
Takers fee:
0.10% – 0.25%
Read ReviewOfficial Website

9. Coinmama

Exchanges to Buy bitcoin in Cameroon

Coinmama is one of the top crypto exchanges offering bitcoin brokerage service.

It was founded in 2013 and has support for over 150 countries.

As at the time of this post, Coinmama has over 2 million active users.

The exchange is a non-custodial exchange, and it is a superb place to buy your bitcoins instantly.

Exchange TypeBroker
ServicesInstant Buy/Sell
Payment Methods– Debit/Credit Card
– SEPA|SWIFT
Supported FiatsUSD, EUR, GBP,
AUD, CAD, JPY.
Supported CryptosBTC, ETH, LTC, BCH,
EOS, QTUM, ADA,
XTZ, XRP, ETC
FeesBuy fee: 5.90%
Card fee: 5%
Sell fee:
2.1%—2.9%
Official Website

10. Changelly

Exchanges to Buy bitcoin in Cameroon

Changelly is a non- custodial instant cryptocurrency exchange that was founded in 2015 by the Minergate (a crypto mining pool).

It is an exchange that connects users to a third-party platform to provide them with the best experience for buying and exchanging cryptocurrencies seamlessly.

Changelly functioned as an exchange that aids users to swap their crypto for another; however, the exchange upgraded its services this year (2020).

The services added include; a Fiat-to-Crypto Marketplace; where users buy bitcoin and altcoins with 4 payment methods from different payment processors.

Changelly has also launched its trading platform dubbed Changelly Pro.

Exchange TypeTrading
Services– Swap Crypto
– Buy Crypto
– Sell Crypto
– Changelly pro
Payment MethodsVisa/Mastercard,
Apple Pay,
Bank Transfer,
Wallet
Supported FiatsUSD, EUR, GBP
Supported Cryptos– BTC, ETH, XRP,
– ADA, BCH, ATOM etc.
Fees0.5%
View the fees for
Changelly Pro here.
Read ReviewOfficial Website

These exchanges that I have listed above are undoubtedly the best places you can buy and trade cryptocurrencies with the utmost good experience.

If you want to know the overall best exchange in this list, then, let’s check out the subheading below.


Which is the Best Exchange to Buy Bitcoin in Cameroon?

Determing the best exchange to buy bitcoin depends on individual use case.

For Instance: the best exchange for you at the moment should be determined after considering these factors below;

  • Motive – Am I buying – to trade, store, or shop?
  • The supported cryptocurrencies – does the exchange have the coin I want to buy?
  • Payment Methods – Is the available payment method convenient for me?
  • Fees – How much is the fee on this exchange when compared with other exchanges?
  • Security and the Volume you would like to trade.

Let’s say I want to buy bitcoin instantly at an affordable price; I will choose either Changelly, Coinbase or Coinmama depending on the most convenient one.

However, I will choose among Pursa, Paxful, Localbitcoins, Vertex, and Remitano, if I want to buy a large amount of bitcoin using a peer-to-peer system.

Inversely, If I want to trade my bitcoin against altcoins, then, I will go to Changelly Pro, Binance, or CEX.IO depending on my choice.


Conclusion

Bitcoin in Cameroon is still in its starting point, but cryptocurrency awareness may skyrocket to success in this country.

This is the end of this post! I hope you enjoyed it?

Having walked you through this list, it is about time I got a reply from you.

So tell me;

Have you made up your mind on the exchange to buy your bitcoins from this list?

Are there other exchanges that you think I have missed out?

Put down your comments below and please do share this post by clicking on the share buttons.

Cheers!


P.S
If you want to learn how to trade cryptocurrencies profitably, we developed a perfect course to help you master Cryptocurrency Trading.
Go to www.ctmastery.com to enrol.


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Paschaline Anagor

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